Papua New Guinea Business News

The venture partners, including oil giant Exxon Mobil, and the PNG Government signed off on the final investment decision for the $10 billion liquefied natural gas project during a ceremony at Parliament House in Port Moresby. The approval depends on...

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.62 percent, Dow Jones futures down 0.53 percent and Nasdaq 100 futures down 0.52 percent, at 0840 GMT (3:40 a.m...Investors...

Gold rose to a record high of $US1,062.70 an ounce on the New York Mercantile Exchange on Thursday. The value of gold has soared in recent weeks as the US dollar experienced weakness, China restocked and investors looked for a...

In a small ceremony at Bomana War Cemetery, just outside the capital Port Moresby, Lieutenant Tim Logan and Lance-Sergeant Jim Wheeler were buried with full military honours on Tuesday. As the coffins were lowered into newly-dug graves, Australian soldiers fired...

The All Ordinaries index lost 41 points to finish at 4,802, while the ASX 200 dropped 0.9 per cent to 4,793. The share market was also dragged down by Oil Search's announcement of an $895 million institutional share placement. The...